Washington & Lee University, Lexington, Va., is reviewing its asset allocation, said Larry Broomall, CFO for the $400 million endowment. A decision on making changes, including whether to add asset classes, is expected in the fall.
The current asset allocation is: 45% domestic equities; 15% international developed and emerging market equities; 20% fixed income; 12% real estate; 5% oil and gas; and 3% in hedge funds.
